Cascade

Office Space Market Report

Number of Listings (last 90 days)

24

Median Rate ($/sqft/yr)

$40


Median Size (sqft)

7,145

As of: December 9, 2016

Cascade Rates

Most listings are in the $30's per square foot per year.
The Cascade region is going through a a rise in rates.
In the last 3 months, the median rate
rose
$15 per sqft per year.
That's a 58%
increase in rent.

Compared to the rest of the Seattle Metropolitan Area market, the Cascade submarket has
more expensive rates, and you'll need to pay a premium to be in this hot region.

Cascade Listing Supply

In the last 90 days, 24 listings have been listed,
which means new listings might be going fast. You'll want to be prepared to tour spaces as quick as possible.
About 13% of the listings in the Cascade are subleases,
so you might be able to find a shorter term or below market rent.
There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 7,145 sqft, there are still 0 listings below 2,000 sqft.
Most properties in this market are around 5 stories.
Most buildings in this area were built in 1984
and are Class A.

Cascade Community

A large portion of this region is residential, but there's plenty of office_space.
Education is the dominant industry in this region.
Most of the folk of Cascade work from home.
Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Cascade.Market Report

Market Data

Real time and historical data on commercial real estate listings in Cascade.Research